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Ether / Dollar intraday: below its lower Bollinger band

2024-04-29
1036

Our pivot point stands at 3328.

Our preference: the downside prevails as long as 3328 is resistance.

Alternative scenario: the upside breakout of 3328, would call for 3411 and 3460.

Comment: the RSI is below its neutrality area at 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 3308 and 3301). Finally, the Ether / Dollar is trading below its lower Bollinger band (standing at 3265).

Supports and resistances:

3460 **

3411 *

3328 **

3296

3263 last

3162

3113 **

The above information is provided by special analysts and is for reference only. CM Trade does not guarantee the accuracy, timeliness and completeness of the information content, so you should not place too much reliance on the information provided. CM Trade is not a company that provides financial advice, and only provides services of the nature of execution of orders. Readers are advised to seek relevant investment advice on their own. Please see our full disclaimer.

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